KB Home (Mexico) Market Value
| KBH Stock | MXN 1,567 123.00 7.28% |
| Symbol | KBH |
KB Home 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to KB Home's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of KB Home.
| 04/02/2023 |
| 11/22/2024 |
If you would invest 0.00 in KB Home on April 2, 2023 and sell it all today you would earn a total of 0.00 from holding KB Home or generate 0.0% return on investment in KB Home over 600 days. KB Home is related to or competes with Lennar, and . KB Home operates as a homebuilding company in the United States More
KB Home Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure KB Home's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess KB Home upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0476 | |||
| Maximum Drawdown | 31.18 |
KB Home Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KB Home's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KB Home's standard deviation. In reality, there are many statistical measures that can use KB Home historical prices to predict the future KB Home's volatility.| Risk Adjusted Performance | 0.0709 | |||
| Jensen Alpha | 0.2371 | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 2.61 |
KB Home Backtested Returns
KB Home appears to be very steady, given 3 months investment horizon. KB Home retains Efficiency (Sharpe Ratio) of 0.0857, which conveys that the company had a 0.0857% return per unit of price deviation over the last 3 months. We have found nineteen technical indicators for KB Home, which you can use to evaluate the volatility of the entity. Please exercise KB Home's Information Ratio of 0.0476, market risk adjusted performance of 2.62, and Mean Deviation of 0.718 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, KB Home holds a performance score of 6. The firm owns a Beta (Systematic Risk) of 0.0945, which conveys not very significant fluctuations relative to the market. As returns on the market increase, KB Home's returns are expected to increase less than the market. However, during the bear market, the loss of holding KB Home is expected to be smaller as well. Please check KB Home's coefficient of variation, jensen alpha, daily balance of power, as well as the relationship between the variance and skewness , to make a quick decision on whether KB Home's current price history will revert.
Auto-correlation | 0.76 |
Good predictability
KB Home has good predictability. Overlapping area represents the amount of predictability between KB Home time series from 2nd of April 2023 to 27th of January 2024 and 27th of January 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of KB Home price movement. The serial correlation of 0.76 indicates that around 76.0% of current KB Home price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 58.3 K |
KB Home lagged returns against current returns
Autocorrelation, which is KB Home stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting KB Home's stock expected returns. We can calculate the autocorrelation of KB Home returns to help us make a trade decision. For example, suppose you find that KB Home has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
KB Home regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If KB Home stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KB Home stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KB Home stock over time.
Current vs Lagged Prices |
| Timeline |
KB Home Lagged Returns
When evaluating KB Home's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KB Home stock have on its future price. KB Home autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, KB Home autocorrelation shows the relationship between KB Home stock current value and its past values and can show if there is a momentum factor associated with investing in KB Home.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for KBH Stock Analysis
When running KB Home's price analysis, check to measure KB Home's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KB Home is operating at the current time. Most of KB Home's value examination focuses on studying past and present price action to predict the probability of KB Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KB Home's price. Additionally, you may evaluate how the addition of KB Home to your portfolios can decrease your overall portfolio volatility.